Spice and flavorings company McCormick & Company began their 3rd decade of dividend growth this week. Photo: Flickr.com/Colin Houston
The week after Thanksgiving was very quiet, with only two of the dividend growth companies that I track announcing their regular payouts. Fortunately for investors, both companies increased their dividends. Read on for the details….
S&P 500 Dividend Aristocrats
McCormick & Company, Inc. (MKC)
Industry: Food & Beverage – Food
Dividend Payment: 47 cents per share – up 9.3% from prior level of 43 cents
Dividend Paid On: 1/17/2017
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 12/28
Number of Years of Dividend Increases: 30
Current Forward Yield: 2.11%
Industry: Metals – Iron & Steel
Dividend Payment: 37.75 cents per share – up 0.7% from prior level of 37.5 cents
Dividend Paid On: 2/10/2017
Stock Goes Ex-Dividend (own the stock before this date to collect the dividend): 12/28
Number of Years of Dividend Increases: 43
Current Forward Yield: 2.42%
S&P 500 High Yield Dividend Aristocrats
None this week.
Other Notable Dividend Increase Announcements
None this week.
Next Week’s Ex-Dividend Stocks
Tuesday, December 6:
Wednesday, December 7:
Becton, Dickinson and Company (BDX)
Genuine Parts Corporation (GPC)
Kimberly-Clark Corporation (KMB)
United Bankshares, Inc. (UBSI)
Thursday, December 8:
None.
Friday, December 9:
SEI Investments Company (SEIC)
Monday, December 12:
None.